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Home My WebLink AboutResolution - 2023-R0557 - Downtown Grant Program Facade Exp, 611 Broadway, 611 Broad, LLC - 11/14/2023Resolution No. 2023-R0557 Item No. 7.6 November 14, 2023 RESOLUTION WHEREAS, pursuant to Article IV, Section 5 of the Amended and Restated Bylaws of the Market Lubbock Economic Development Corporation (the "Corporation"), the City Council of the City of Lubbock (the "City Council"), as the Corporation's authorizing unit, has the authority to approve all programs and expenditures of the Corporation; and WHEREAS, the City Council finds that it is in the best interest of the public to approve the program or expenditure, as proposed to the City Council by the Corporation, as set forth in Exhibit "A" attached hereto and incorporated herein by reference; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Downtown Fa�ade Grant program or expenditure of the Corporation, in the amount set forth in Exhibit "A" attached hereto and incorporated herein by reference, to be provided to 611 Broadway, LLC, is hereby approved pursuant to Section 5 of the Amended and Restated Bylaws of the Corporation. Passed by the City Council on November 14, 2023 ATTEST: Courtney Paz, City Secr ar APPROVED AS TO CONTENT: �� Brianna Brown, Business Development Director APPROVED AS TO FORM: elli Leisure, Senior Assistant City Attorney ccdocs/RES. Market Lubbock DT Facade Bxpenditure - 61 I Broadway 10.30.23 Resolution No. 2023-R0557 RE 23-73 RESOLUTION APPROVING 611 BROAD, LLC AT 611 BROADWAY DOWNTOWN FA�ADE & PERMTTABLE GRANTS THE STATE OF TEXAS COUNTY OF LUBBOCK At a regular meeting of the Board of Directors of MARKET LUBBOCK ECONOMIC DEVELOPMENT CO�'ORATION, INC., a Texas nonprofit corporation (MLI), on Wednesday, October 25, 2023, held in conformity with the bylaws, after due notice as therein provided, a quorum being present and acting, the following resolution was unanimously adopted: WHEREAS, MLI presented to members of the Board the proposal of a possible Economic Development Grant and Contract to 611 Broad, LLC to both the interior and exterior of their property, located at 611 Broadway and in the Downtovm TIF. 611 Broad, LLC. includes George Hardberger. George is no stranger to the downtown revitalization effort. He has renovated multiple properties downtown, including his own home in The Deport District. The scope of fagade work will include the exterior demolition and the permittable work will include stone replacement, and glass and doors totaling $75,446 in expenses. The terms and conditions of such Economic Development Grant and Contract, other than the normal terms and conditions applicable to all such Economic Development Grant and Contracts by the Corporation, are described generally as follows, to wit: Grant a Downtown Fa�ade Grant for 611 Broad, LLC totaling $25,000 and a Downtown Permittable Grant of $2,545 at 611 Broadway, which is in the Downtown TIF, once proof of payment has been submitted. WHEREAS, The Board of Directors of MLI finds that an Economic Development Grant and Contract offering the incentive for providing assistance for renovations to their property, meet and comply with the qualifications and purposes of the Corporation for the granting of such Economic Development Grants and Contracts. Upon Motion by Director, Mr. Brett Cate, and Seconded by Director, Dr. John Opperman, 1T WAS RESOLVED that MLI offer and, if accepted by Recipient, enter into an Economic Grant and Contract with 611 Broad, LLC. for improvements to the property at 611 Broadway, Lubbock, Texas. T'his Economic Development Grant and Contract will be on the normal terms and conditions of such Downtown Grant Program and Contract offered by MLI to existing businesses and business prospects and authorize the CEO to enter into and execute all documents related to the Economic Grant and Contract. � John Osborne, President & CEO . �1�, ✓��•�r�.L�' Linda Davis, Secretary MARKET LUBBOCK, INC. - DOWNTOWN GRANT PROGRAM �: � 611 Broadway (611 Broad, LLC) TOTAL SCOPE OF WORK = $75,446 TOTAL GRANTS = $27,545 TOTAL FAC�ADE SCOPE OF WORK =$50,000 FA�ADE GRANT = $25,000 TOTAL PERMITTABLE SCOPE OF WORK =$25,446 PERMITTABLE GRANT = $2,545 \ I � i �_ __ 1 1 I �'`�, 1 1 r� Downtown Grant Program Presented to MLI Board October 25, 2023 Project 611 Broadway (Fa�ade & Permittable) 611 Broad, LLC to both the interior and exterior of their property, located at 611 Broadway and in the Downtown TIF. 611 Broad, LLC. includes George Hardberger. George is no stranger to the downtown revitalization effort. He has renovated multiple properties downtown, including his own home in The Deport District. The scope of fa�ade work will include the exterior demolition and the permittable work will include stone replacement, and glass and doors totaling $75,446 in expenses. The MLI Board is being asked to consider a Downtown Fa�ade Grant for 611 Broad, LLC totaling $25,000 and a Downtown Permittable Grant of $2,545 at 611 Broadway. M A R K E T LUBB CK� Downtown Grant - Application The information requested on this form will be used by Market Lubbock, Inc. for analysis of your project. MLI CONTACT INFORMATION Jorge Quirino - Director of Downtown & Special Project: Market Lubbock, Inc. 1500 Broadway, Sixth Floor, Lubbock, TX 79401 Phone: 806.749.4500 Email: IorqeCa�marketlubbock.orq Date Initial Application Submitted (Due prior to start of construction or permits assigned) 07/26/21 Projected Project Start Date TBD Project Property Address 611 and 613 Broadwa Property LCAD R# R111699 and R111953 GENERAL INFORMATION Company Name 611 Broad, LLC Contact George Hardberger Street Address 1602 Texas Ave. Title City, State, Zip Lubbock, TX 79401 Phone 806-548-1451 Email hardber er mail.com INFORMATION ABOUT THE PROJECT Property Ownership: Own � Lease ❑ Grant Type: Permittable 0 Fagade � both building facades. JQ Permittable bids will be used to calculate the project cost and grant amount. COMPANY BACKGROUND List any person or entity that has at least 5% ownership in the Applicant Company: Name Percent Name John Hardberger 48% George Hardberger James Hardberqer 48% Is the firm registered with the Secretary of State's Office to do business in Texas? Yes : Are you in good standing with the State of Texas? Yes � 545 Percent 4% If ou answered "No" to either of the above two uestions, lease ex lain Is the firm and/or principals delinquent on any federal, state or local tax obligations? No : Has the company or principals of the company had prior bankruptcies or lawsuits? No � If you answered "Yes" to either of the above two questions, please explain MLI 3.8.21 APPLICANT'S CHECKLIST: Initial application received by MLI prior to the start of construction and/or before permits are assigned ❑ All remaining documents must be received and an application packet presented to the MLI Board no � more than three months after the initial application is received by MLI. Contact Brianna Gerardi, City Director of Development bgerardi@mylubbock.us , to determine: Does the scope of work meet downtown standards and guidelines? ❑ Are permits required for any aspect of the scope of work? ❑ Are public improvements required? ❑ Documents Required for Final Grant Application Copies of City permits, if applicable ❑ Detailed/Itemized Bids ❑ Before Pictures ❑ Copy of building's current certificate of occupancy (request at � orr@mylubbock.us) Architectural Renderings (if applicable) ❑ Architectural Plans (if applicable) ❑ After Completion of Construction Certificate of Occupancy or Similar City Document Approving � Completion (Applicant responsible for �nal scope of work matching approved scope) Proof of Payment: PAID Invoices (must reference the approved project) ❑ Processed Checks, Bank or Credit Card Statements � matching PAID invoices (legible copies) Signature (not required for electronic submittals): Date: 2-Ju1-21 MLI 3.8.21 s '"',' = :7':S..:i• J " ' -_ " -n....,�-,��:.-�... y, •,;n ,�.; ' �'{ -.�,, ,.i. .. 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I '�•� �- +,1 �1 L14. .-`�� :�.�1 ';iTil I•; —..��}_ ''� Mailing Address: 112 E. 82nd Street Lubbock, Tx. 79404 Office Phone: (806) 745•9444 Office Fax: (806) 745-8722 DATE 6-Ju1-23 PROJECT NAME 613 Broadwav Ave SOLD T0: James Hardberger Lubbock, Tx. TYPE Commercial work on both oppenings plus two windows. EIFS and Stone Front Refinsihing (North Elevation Only) Store Front Glass and Doors (Clear Anodized and Insulated Glass) Material and labor for sheathing temporary walls Demo out the Window Space at the front o the existing openings, EIFS the front elevation, install a similated stone Wainscoting to approx. 4'0" in height, New Store Front Windows and Doors. Adding two windows up top. $ 3,900.00 $ 13,194.00 $ 38,347.00 $ 1,500.00 Cost: $ Misc. Labor and Material: $ OH&P (20%): $ Renovation Tax 8.25%: $ Total Contract Amounf: $ 56,941.00 � 1,138.82 11,615.96 5,749.90 75,445.69 Customer Authorizatlon to Proceed with Above Scope of Work: ,_� - � c� a Customer Name Printe ,� Customer Signat ate 611 Broadway - Rendering LBK �qw F�RM 1 `� _ } -f -�_..�. _; _�.r _ � �1 d 7 �. � � lS.�'� ` �j; c�Tl�� It��\�� €�_.�.';?-{� 7 1 r �� i � � , � , . � ,� :'� BROADWAY REALIY 1 �• - i � �•r�"��::z` _r� --�-� - ::r� _ . s � - _� � P n�n.w � u�in�� hRRm e lEl1E4ED roccwc ww.�xe s�' � J J u g Z F-„'a Z'��.x 0 W � � �i y LLm�j W am � m O � � � U Z yp 9 W �� Y:i